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Impacts and issues of a social innovation approach to development finance: a case study of Zoona
This paper seeks to orientate research on the issues and impacts of pursuing a social innovation approach to development finance and the extent to which it impacts the development of economic, personal and social capital in developing countries. It draws on conceptual ideas around the evolution of d...
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| Format: | Thesis |
| Language: | English |
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Research of GSB
2018
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| _version_ | 1867613850616987648 |
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| access_status_str | Open Access |
| author | Phiri, Lelemba Chitembo |
| author2 | Nilsson, Warren |
| author_browse | Nilsson, Warren Phiri, Lelemba Chitembo |
| author_facet | Nilsson, Warren Phiri, Lelemba Chitembo |
| author_sort | Phiri, Lelemba Chitembo |
| collection | Thesis |
| description | This paper seeks to orientate research on the issues and impacts of pursuing a social innovation approach to development finance and the extent to which it impacts the development of economic, personal and social capital in developing countries. It draws on conceptual ideas around the evolution of development finance from a pure aid perspective to more innovative approaches that seek to increase uptake of development funds where they are needed most (at the base of the pyramid) and reduce fungibility. The paper provides an exploratory case study analysis of attempts by Zoona, a socially innovative private organization in Zambia that is leveraging mobile technology to increase access to finance and financial services to small and micro businesses and the unbanked in Zambia using an agent network. The research was qualitative study and gathered insights from 11 agents and 8 employees through 19 personal interviews. A hybrid approach to thematic analysis was employed in the research and results revealed that whilst Zoona's work was enabling economic and personal growth for the agents it was not necessarily building social capital within communities. The paper concludes with some recommendations on how the concept of socially innovative approaches to development finance, as supplementary forms of distributing development funds to traditional forms, can be improved on when applied by private organizations and local networks to enable the development of economic, personal and social capital and develop the capacity of communities. |
| format | Thesis |
| id | oai:open.uct.ac.za:11427/29029 |
| institution | University of Cape Town (South Africa) |
| language | eng |
| last_indexed | 2026-06-10T12:42:42.298Z |
| license_str | Not specified — see source repository |
| provenance_str_mv | Harvested via OAI-PMH from UCTD — University of Cape Town Open Access Repository |
| publishDate | 2018 |
| publishDateRange | 2018 |
| publishDateSort | 2018 |
| publisher | Research of GSB |
| publisherStr | Research of GSB |
| record_format | dspace |
| source_str | UCTD — University of Cape Town Open Access Repository |
| spelling | oai:open.uct.ac.za:11427/29029 Impacts and issues of a social innovation approach to development finance: a case study of Zoona Phiri, Lelemba Chitembo Nilsson, Warren Development Finance This paper seeks to orientate research on the issues and impacts of pursuing a social innovation approach to development finance and the extent to which it impacts the development of economic, personal and social capital in developing countries. It draws on conceptual ideas around the evolution of development finance from a pure aid perspective to more innovative approaches that seek to increase uptake of development funds where they are needed most (at the base of the pyramid) and reduce fungibility. The paper provides an exploratory case study analysis of attempts by Zoona, a socially innovative private organization in Zambia that is leveraging mobile technology to increase access to finance and financial services to small and micro businesses and the unbanked in Zambia using an agent network. The research was qualitative study and gathered insights from 11 agents and 8 employees through 19 personal interviews. A hybrid approach to thematic analysis was employed in the research and results revealed that whilst Zoona's work was enabling economic and personal growth for the agents it was not necessarily building social capital within communities. The paper concludes with some recommendations on how the concept of socially innovative approaches to development finance, as supplementary forms of distributing development funds to traditional forms, can be improved on when applied by private organizations and local networks to enable the development of economic, personal and social capital and develop the capacity of communities. 2018-11-07T13:03:31Z 2018-11-07T13:03:31Z 2014 Master Thesis Masters MCom http://hdl.handle.net/11427/29029 eng application/pdf Research of GSB Faculty of Commerce University of Cape Town |
| spellingShingle | Development Finance Phiri, Lelemba Chitembo Impacts and issues of a social innovation approach to development finance: a case study of Zoona |
| thesis_degree_str | Master's |
| title | Impacts and issues of a social innovation approach to development finance: a case study of Zoona |
| title_full | Impacts and issues of a social innovation approach to development finance: a case study of Zoona |
| title_fullStr | Impacts and issues of a social innovation approach to development finance: a case study of Zoona |
| title_full_unstemmed | Impacts and issues of a social innovation approach to development finance: a case study of Zoona |
| title_short | Impacts and issues of a social innovation approach to development finance: a case study of Zoona |
| title_sort | impacts and issues of a social innovation approach to development finance a case study of zoona |
| topic | Development Finance |
| url | http://hdl.handle.net/11427/29029 |
| work_keys_str_mv | AT phirilelembachitembo impactsandissuesofasocialinnovationapproachtodevelopmentfinanceacasestudyofzoona |